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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,686 | $117,846-75.7% | $102,434-72.0% | $145,884-80.3% |
| Participation rate | 50.0% | 78.6%-28.6pp | 76.5%-26.5pp | 80.3%-30.3pp |
| Annual return | 11.03% | 31.90%-20.9pp | 29.46%-18.4pp | 551.85%-540.8pp |
| Employer contribution / active EE | $778 | $3,615-78.5% | $3,023-74.3% | $4,662-83.3% |
| Participant deferral / active EE | $778 | $5,733-86.4% | $5,055-84.6% | $6,690-88.4% |
| Admin fee / account holder | $50 | $13,356-99.6% | $9,462-99.5% | $13,392-99.6% |